Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie
Hi there,
There is an issue with role permissions that is being worked on at the moment.
If you are having trouble with access or permissions on regional forums please post here to get access: https://www.boards.ie/discussion/2058365403/you-do-not-have-permission-for-that#latest

Weird one

  • 09-11-2016 2:09pm
    #1
    Utah
    Closed Accounts Posts: 426 ✭✭


    My company offers educational assistance. I used this to pay for my masters. In return you sign a contract of sorts saying you have to pay this back if you leave within 2 years of taking the assistance.

    If you were to be made redundant so couldn't see out the 2 years, would you be liable for the money do you think? Or would it be voided?


Comments

  • #2
    duffman13
    Registered Users, Registered Users 2 Posts: 9,086 ✭✭✭duffman13


    Utah wrote: »
    My company offers educational assistance. I used this to pay for my masters. In return you sign a contract of sorts saying you have to pay this back if you leave within 2 years of taking the assistance.

    If you were to be made redundant so couldn't see out the 2 years, would you be liable for the money do you think? Or would it be voided?

    Your not the one that terminated the contract so I highly doubt you'd be liable to pay anything back. Really need to see the terms of the contract but id be 99% sure you wouldn't pay it back in the event of redundancy


  • #3
    Utah
    Closed Accounts Posts: 426 ✭✭Utah


    duffman13 wrote: »
    Your not the one that terminated the contract so I highly doubt you'd be liable to pay anything back. Really need to see the terms of the contract but id be 99% sure you wouldn't pay it back in the event of redundancy

    Thanks. I'm thinking the same.

    I read the contract, it mentions nothing of this scenario, more about what happens if I dropped out of the course or left the company.


  • #4
    dev100
    Registered Users, Registered Users 2 Posts: 1,002 ✭✭✭dev100


    Utah wrote:
    If you were to be made redundant so couldn't see out the 2 years, would you be liable for the money do you think? Or would it be voided?

    Are you being made redundant ? I wouldn't think they be looking to you to pony up . It's not of your doing....


  • #5
    Anatom
    Registered Users, Registered Users 2 Posts: 1,165 ✭✭✭Anatom


    I saw this being taken care of in a place I used to work in a few years ago and the clawback was not invoked. Frankly, if the company is paying out redundancy money, the last thing they need to worry about is a few educational grants which they have already paid out for a year or two beforehand...


  • #6
    Utah
    Closed Accounts Posts: 426 ✭✭Utah


    dev100 wrote: »
    Are you being made redundant ? I wouldn't think they be looking to you to pony up . It's not of your doing....

    Yes, it has been officially announced now


  • Advertisement
  • #7
    livedadream
    Registered Users, Registered Users 2 Posts: 2,457 ✭✭✭livedadream


    simply no, you would be asked to cover it, however i would find it very strange that a company would pay for a course when they know they are going to making you redundant.

    unless it is part of the redundancy payment or a retraining or upskilling scheme as part of the redundancy.


  • #8
    Utah
    Closed Accounts Posts: 426 ✭✭Utah


    livedadream wrote: »
    simply no, you would be asked to cover it, however i would find it very strange that a company would pay for a course when they know they are going to making you redundant.

    unless it is part of the redundancy payment or a retraining or upskilling scheme as part of the redundancy.

    Well they paid in June. I don't think the redundancies were on the cards then!


  • #9
    livedadream
    Registered Users, Registered Users 2 Posts: 2,457 ✭✭✭livedadream


    Redundancy doesn't come out of the blue, unless it's a very small company if they paid up already and your being made redundant now your grand. They covered it and knew the risk.


  • #10
    Mrs OBumble
    Registered Users, Registered Users 2 Posts: 26,292 ✭✭✭✭Mrs OBumble


    livedadream wrote: »
    Redundancy doesn't come out of the blue, unless it's a very small company if they paid up already and your being made redundant now your grand. They covered it and knew the risk.

    In multi-nationals, redundancy does sometimes come without local managers (with delegations to approve training) being aware of it until very late in the piece.


    OP, I suspect that the company will have far bigger issues to worry about, and wouldn't even ask.

    But it's possible they will try to make you repay the amount. However if you kick up a fuss and start to get a lawyer involved they will most likely back off as it would cost them more in legal fees than the course amount.


  • #11
    _Brian
    Registered Users, Registered Users 2 Posts: 18,719 ✭✭✭✭_Brian


    I've seen this before and all educational debts were written off.


  • Advertisement
  • #12
    Utah
    Closed Accounts Posts: 426 ✭✭Utah


    livedadream wrote: »
    Redundancy doesn't come out of the blue, unless it's a very small company if they paid up already and your being made redundant now your grand. They covered it and knew the risk.

    Maybe.
    However they were still on-boarding perm staff up until 2 weeks ago. I think it was quite a surprise. Ruthless US multi-national!!
    Imagine resigning a job to come in to another to be told your job was gone in 6 months, I'd be raging.
    Mrs OBumble wrote: »
    In multi-nationals, redundancy does sometimes come without local managers (with delegations to approve training) being aware of it until very late in the piece.


    OP, I suspect that the company will have far bigger issues to worry about, and wouldn't even ask.

    But it's possible they will try to make you repay the amount. However if you kick up a fuss and start to get a lawyer involved they will most likely back off as it would cost them more in legal fees than the course amount.

    Yes, I think they will be distracted with it all and won't be worrying about their few thousand euro.


Advertisement